242 W Cober Drive, Grand Prairie, TX 75051
242 W Cober Drive, Grand Prairie, TX 75051
242 W Cober Drive, Grand Prairie, TX 75051
242 W Cober Drive, Grand Prairie, TX 75051
242 W Cober Drive, Grand Prairie, TX 75051
242 W Cober Drive, Grand Prairie, TX 75051
REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
$ 249,900
Est. payment | /mo

4 Beds

3 Baths

1,104 SqFt


$ 249,900
Est. payment | /mo

4 Beds

3 Baths

1,104 SqFt

Key Details

Property Type Single Family Home

Sub Type Single Family Residence

Listing Status Active

Purchase Type For Sale

Square Footage 1,104 sqft

Subdivision Inglewood Terrace

MLS Listing ID 21345521

Style Ranch

Bedrooms 4

Full Baths 3

HOA Y/N None

Year Built 1958

Annual Tax Amount $7,573

Lot Size 9,713 Sqft

Acres 0.223

Property Sub-Type Single Family Residence

Property Description

Turnkey Investment Opportunity – Tenant in Place Through 04.28.2027! This cash-flowing rental is an excellent addition to any investment portfolio, currently leased at $2,150 per month with a Gross Rent Multiplier (GRM) of approximately 9.69. Enjoy immediate rental income with an established tenant already in place, eliminating vacancy and lease-up costs.

This well-maintained 4-bedroom, 3-bath home offers features that continue to attract and retain quality tenants. The updated kitchen and bathrooms include stainless steel appliances, including a refrigerator, range, and dishwasher, while a full-size washer and dryer are also included for added tenant convenience. The spacious primary suite features a private ensuite bath and built-in wardrobes, with generous secondary bedrooms providing flexibility for families or roommates.

Outside, the property offers a covered carport, fully fenced backyard, inviting front porch, and ample guest parking. Conveniently located with easy access to major highways, shopping, dining, and employment centers, this property is positioned in a strong rental market.

Whether you're expanding your portfolio or completing a 1031 exchange, this is a true turnkey, income-producing investment with stable cash flow from day one.

Location

State TX

County Dallas

Direction GPS

Rooms

Dining Room 1

Interior

Interior Features Cable TV Available, Decorative Lighting, Eat-in Kitchen, High Speed Internet Available, In-Law Suite Floorplan

Flooring Ceramic Tile, Combination, Tile, Vinyl, Wood Under Carpet

Appliance Dishwasher, Disposal, Gas Range

Laundry Full Size W/D Area

Exterior

Carport Spaces 2

Utilities Available City Sewer, City Water

Roof Type Composition

Total Parking Spaces 2

Garage No

Building

Story One

Foundation Slab

Level or Stories One

Structure Type Brick

Schools

Elementary Schools Seguin

Middle Schools Fannin

High Schools South Grand Prairie

School District Grand Prairie Isd

Others

Acceptable Financing 1031 Exchange, Cash, Conventional

Listing Terms 1031 Exchange, Cash, Conventional

Virtual Tour https://www.propertypanorama.com/instaview/ntreis/21345521

North Texas Real Estate Info Systems (NTREIS) -MetroTex and Collin County (CCAR)
Listed by Neven Price • Blue Atlas Realty

Nearby Locations

GET MORE INFORMATION

John Martellini
John Martellini

Partner | Lic# 0635666

+1(214) 592-7390

3900 S. Stonebridge Drive Suite 1002, McKinney, TX, 75070

Name
Phone*
Message

Go tour this home

242 W Cober Drive